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Redeye comments on QleanAir’s final Q4 report. We understand that Cabin Solutions in Japan mainly represented the better-than-expected sales level during the quarter while Air Cleaners and Cleanroom sales continued to decline, mainly driven by a weak European market. Order intake was stronger than expected and grew 50%, inducing confidence in the sales level for the coming quarter. The company’s current cost situation is unsatisfactory but is being addressed, we expect to get some more details on that in the conference call later today.
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